Pasargad Oil Company, a subsidiary of the TAPIKO holding, recorded a 112% growth in exports in Shahrivar 1405, with over 117,000 tons of various types of bitumen exported compared to the same period last year.
112% Surge in Exports of Iran's Major Bitumen Producer
Pasargad Oil Company has significantly increased its bitumen exports by 112% in September 2026, exporting over 117,000 tons. This growth highlights the company's expanding role in the bitumen market, which is crucial for Iran's economy.
👥 Key Players
📰 What Happened
Pasargad Oil Company reported a 112% increase in bitumen exports in September 2026, shipping over 117,000 tons compared to the previous year. This growth indicates a significant expansion in their market presence.
- Exports increased by 112% compared to the same period last year.
- Over 117,000 tons of bitumen were exported.
💡 Why It Matters
📚 Background
Bitumen is a vital material used in construction and road development, and Iran has substantial reserves and production capacity. The country's economy heavily relies on oil and related products.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%